CR 525 E, SUMTERVILLE, FL 33585 | G5001009 | Berkshire Hathaway HomeServices Florida Properties Group

CR 525 E $4,500,000

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    CR 525 E SUMTERVILLE, FL 33585

    • 39.50 Acres
    • Land
    • MLS# G5001009
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    Views: 430 Days On Site: 1558

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    Property Details

    Description Tours

    Prime for purchase and development, you couldn't ask for a better piece of property in the State of Florida located at the entryway of The Villages Rick Scott Industrial Park. For years, The Villages has been the nation's fastest and largest single-site developer and now we are seeing them transition into industrial and manufacturing. It's absolutely amazing and here's your chance to own a coveted 40+/- acres that now is the entryway to The Villages Rick Scott Industrial Park. Ideally located at the corner of US Hwy 301 and CR 525E, this site has over one-third (1/3) of a mile of road frontage and currently sits on a two-lane road. Future expansion in the short term includes a 3 lane road with a center turn lane and the long term includes a 4 lane highway that will connect directly into US Hwy 301 with the new bypass of downtown Coleman. Situated between I-75 and the Florida Turnpike this location is a dream logistically with only a few minutes drive to reach either Interstate which stretches the length & width of Florida to the North, South, East, & West. On-site utilities or nearby include Duke Energy to meet all of your high powered electric, water through the City of Coleman, and natural gas through TECO. Sewer would be provided on-site by a private septic system. Senior writer David R. Corder of The Villages Daily Sun wrote on July 12, 2020 Concrete and steel are steadily rising at the Gov. Rick Scott Industrial Park, a massive project that's expected to bring about 20,000 new jobs and millions of dollars in tax revenue to the area over the next decade. 'the pace of development has been truly spectacular, said Frank Calascione, Sumter County's economic development director, of the 431-acre site just south of Coleman between U.S. Highway 301 and Interstate 75. It's all part of a much larger growth corridor officials are calling the Florida Crossroads Industrial Activity Center, a development plan launched 10 years ago. The industrial park has the designed capacity of 1.75 million square feet for industrial and 18,000 square feet more for commercial. Come see for yourself why this is the perfect location for your business with room to grow! With The Villages surrounding this property to the East and West, this property is now PRIME FOR DEVELOPMENT. Call or email me today for additional information.

    • General Features
      • Additional Parcels Y/N false
      • Association Fee Requirement None
      • County Or Parish Sumter
      • Tax Annual Amount 4851.19
    • Property Features
      • Lot Size Acres 39.5
      • Lot Size Dimensions 1323x1496
      • Lot Size Square Feet 1720620
      • Total Acreage 20 to less than 50
      • Water Access Y/N No
      • Water Extras Y/N No
      • Water View Y/N No
      • Waterfront Feet Total 0
      • Waterfront Y/N false

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    Neighborhood

    33585 (SUMTERVILLE) Demographics

    50 Median Age
    61 Population Density (per sq. mile)
    16% College Educated
    $53,977 Estimated Median Income
    289 Estimated Total Home Owners
    122 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,060 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $260,000 Median Sales Price
    3 Homes Sold
    6 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,500,000
        5/4/2018 11:56:00 AM New in Database Source: Multiple Listing Service New Value: $4,500,000

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        Listing information provided in part by the IDX Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 8/8/2022 10:55:01 PM.

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.